“Specially Designated National and Blocked Persons” means those Persons that have been
designated by executive order or by the sanction regulations of OFAC as Persons with whom U.S. Persons may not transact business or must limit their interactions to types approved by OFAC. 

 “Stipulated Loss Value” shall mean Twenty Two Million Seven Hundred and Sixty Seven Thousand Four Hundred (U.S. $22,767,400.00) United
States Dollars; provided, that for purposes of Section 15(b) and Section 18(c) hereof, any determination of Stipulated Loss Value as of a date occurring after the final Rent Payment Date shall be made as of such final Rent Payment Date.


 “Term” shall mean the term of the Lease of the Aircraft hereunder specified in Section 3 hereof. 

 b. All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principals (“GAAP”)
consistently applied. 

 **3. Term.** The term of the Lease of the Aircraft hereunder shall commence on the Commencement Date and
shall remain in full force and effect until terminated by either Lessor or Lessee upon thirty (30) days written notice prior to the effective date of such termination. Upon expiration of the Term, Lessee shall return the Aircraft to Lessor in
accordance with the terms of Section 6 hereunder.

 **4. Rent; Unconditional Obligations; Security.**